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Ratio and Proportion - Quant/Math - CAT 2009
Question 4 the day:
November 11, 2003
The question for the day is from the topic of Ratio and Proportion.
- A, B and C enter into a partnership by investing Rs.3600, Rs.4400 and Rs.2800. A is a working partner and gets a fourth of the profit for his services and the remaining profit is divided amongst the three in the rate of their investments. What is the amount of profit that B gets if A gets a total of Rs. 8000?
| (1) |
4888.88 |
| |
(2) |
9333.33 |
| (3) |
4000 |
| |
(4) |
3666.66 |
Correct Answer - (1)
Solution:
Let x be the profit.
Their investment ratio = 3600: 4400: 2800 = 9 : 11 : 7
A's profit of Rs. 8000 = (1/4 * x) + 1/3(3/4*x) = 1/2 * x
x = Rs. 16,000
Therefore B's profit = 11/27(3/4 * 16000) = Rs. 4888.88
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